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20130326
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Search Results 0 to 16 of about 17 (some duplicates have been removed)
PBS
Mar 21, 2013 7:00pm PDT
the yen. a new trend is emerging among investors worldwide expecting a global scale economy they are moving to lower risk bond so they can buy into higher return stocks. the sale strategy for japanese bond hasn't paid off so far but he's confident that the prices will permit in the near future. >> we will continue to do that for the next five to seven years. we'll maintain this position every year for the next foreseeable future. you'll have to be positioned because when they move they will move very quickly. >> reporter: when japanese bond prices remain stable or will they crash as fast as managers expect. all eyes are now on abe's new economic strategy. >> the nikkei is opening lower this friday. i'll leave you with a check on other markets. >>> the car bomb exploded at the refugee camp in an area bordering afghanistan. it's a known stronghold for islamist insurgent groups. l local police said 12 people were killed and 20 wounded. >> translator: i was near the food distribution point when there was a big explosion. i don't know what happened. >> camp residents have been affected by
PBS
Mar 25, 2013 7:00pm PDT
. that's as the u.s. economy shows signs of vitality. here in japan the japanese government beginning steps to implement major changes after decades of inflation. concerns are coming from europe and affecting global markets. let's see how we're opening up here. the markets this time yesterday got a big boost. we did see the euro surge. the relief seems to be short lived as we're seeing in the opening levels. the rescue deal for cyprus could serve as a template for other european countries with strug e struggling banks. that comment really heightens some of the worries in global markets that the deal that was made may result in more problems down the road. now a bit of a negative reaction here in tokyo. we also might see which is a bit of a worry is a return to safer assets by investors including the yen. >> many investors watching the yen's movement. the japanese currency has been on a major weakening trend. where do we stand this tuesday morning? >> that's a big focus. you mentioned the moves by prime minister abe. let's look at some of the currency levels here and the pairs today. w
PBS
Mar 22, 2013 7:00pm PDT
economies, including brazil, india, russia and the host nation. he wants to bring the block closer together so it can exert more influence. in tanzania, in the republic of conga, president xi will work on the natural resources needed to feed china's economic engine. analysts say the chinese leader is being strategic with his first trip abroad. they say he is trying to strengthen ties with russia and emerging economies to give china more global influence in a world where the united states plays a leading role. takafumi terui, nhk world. >>> investigators looking into this week's cyberattack against south korean broadcasters and banks are withdrawing a claim they made early on. they initially said a malicious code came from an internet address in china. now they say that's not the case. a computer virus triggered a massive failure at three broadcasters, including kbs and three major banks. it disabled more than 32,000 computers. investigators said a day later the virus that hackers sent to a cooperative bank originated from a chinese ip address. they now say the internal ip address u
PBS
Mar 19, 2013 7:00pm PDT
, and spur economic growth. the band bought bounds to pump liquidity into the economy. but he expressed that he had taken extreme care to make sure they did not end you have shouldering the country's debt. also, he said they could not change fast enough to keep up with the ageing population. chief researcher spoke about his time in his he criticized the boj governor for not working hard enough to get the country out of deflation. >> translator: end deflation. he failed to clearly outlike the boj's responsibilities and to appeal to the public that they would take aggressive steps. >> but he gave him ret for stabilizing the system. >>> transportation officials sri lanka have opened a new international airport with a lot of help from china. they have high hopes it will give the economy a boost. cholaphansa narula in bangkok is following the story. president mahinda rajapaksa attended the ceremony. he sees it as a way for sri lanka to revitalize itself. nhk world reports. >> reporter: the airport was built in the southern district. the first flight arrived on monday. coming out of the plane
PBS
Mar 20, 2013 5:00pm PDT
recovery in the economy until there's clear sign of improvement. the decision was made at a two-day policy meeting that ended on wednesday. they said the u.s. committee is growing moderately. they pointed to continued improvement in the housing market and a rise in household spending and corporate capital investment. the unemployment rate remains high at the upper 7% level. they warned against a fiscal policy stemming from mandatory stemming cuts. fed officials say the bank will continue to eject funds into the market giving these challenges. they are doing this by buying $85 billion worth of mortgage backed security and long term government bonds each month. they will maintain a near 0% interest rate policy. some federal reserve officials have expressed concern. that month of asset purchases could disrupt markets and bring about higher prices. in a news conference about the second day of the policy board meeting ben bernanke said those risks can be contained. >> the committee considered risks toinancial stability. it will lead some to take on excessive risk in a reach for yie yield
KCSMMHZ
Mar 26, 2013 6:00am PDT
to attend the summit of the brics emerging economies. xi jinping wants the chinese government to enhance ties to compete with the u.s. and other industrialized countries. this will be the first time president xi will participate in an international meeting since he took office earlier this month. the two-day summit begins on tuesday in durbin. brics is made up of brazil, russia, india, china, and south africa. the leaders are expected to discuss how rising commodities and grain prices are affecting emerging countries. also on the agenda is an agreement among the brics members to provide each other with foreign currencies. they want to protect their economies from the impact of global financial turmoil. >>> china has been increasing its presence in africa. the country has come to rely on the continent for trade and for natural resources. nhk world has more. >> reporter: the chinese have historical ties with a number of african nations. after world war ii they supported countries that were fighting for independence. they gave a modest amount of aid money. but they rapidly ins creas
KCSMMHZ
Mar 19, 2013 6:00am PDT
deflation as soon as possible and to stir growth. they bumped liquidity into the economy, but he said he took extreme care to make sure the country did not shoulder the countries debt. he also said they could not change fast enough to keep pace with the ageing population and the progress has caused the economy to stall. the consulting chief researcher spoke about his five years in office. he criticized the governor for not working hard enough to pull the country out of deflation. he said he worried too much about the risks of inflation that could set in if he took bold, monetary measures. >> he was able to end deflation. he failed to clearly outlike the boj's responsibilities and to appeal to the public that they would take aggressive steps. >> but he gave him credit for helping to stabilize the financial system. japan did not experience a financial crisis despite the collapse of lehman brothers and the earthquake two years ago. here are the latest market figures. >>> people across iraq are looking back on a war that took away one problem and replaced it with many others ten years ago
KCSMMHZ
Mar 25, 2013 6:00am PDT
africa. the group of emerging economies includes the host nation, brazil, india, russia and china. >>> xi jinping's nine-day diplomatic tour started off last friday in russia. before he arrived chinese media say government officials secured china's biggest arms deal with russia in a decade. the purchase is worth about $3 billion and is expected to include 24 fighters jets and four submarines. president xi and president vladimir putin agreed during their meeting to strengthen military exchanges and cooperation. china and russia are expected to announce further cooperation in developing military technology such as surface-to-air missile and aerial tankers. chinese defense ministry representatives say their military relationship with russia is not directed at any third country. but the weapons deal comes as china remains locked in a dispute with neighboring nations over territory in the east china sea and the south china sea. chinese leaders are expanding their military budget. the country's defense spending has surged nearly fourfold in the past decade. >>> populous, prosperous, pus
KCSMMHZ
Mar 22, 2013 6:00am PDT
five emerging economies known as brics. brazil, russia, india, china and south africa. >>> russia has turned down an appeal for aid by cyprus leaving banks on the island country in deep financial trouble. cyprus sent its finance minister michael air isous to moscow to seek help from russia. many wealthy companies and people keep their money in russia because of preferential tax treatment. two days of talks ended up without any agreement. bloomberg quotes saris as saying cyprus will continue to gain some kind of assistance from russia. he says there's still possibility to get conditions eased for the loans russia has extended in the past. >>> tensions are rising i >>> representatives from japan and the uk sponsored it. the three members of the commission will look into north korea's network of political prisons. japan's ambassador cited the abduction of korean nationals. >> japan strongly believes that a inquiry to investigate human rights will provide the council with con degree o-- concrete outcomes. >> the north korean ambassador criticized this. >> of the hostile forces, those huma
KCSMMHZ
Mar 18, 2013 6:00am PDT
its military along with its economy. foreign government officials are waiting to see what kind of diplomatic steps will be taken by chinese leaders. >> i think the new chinese government wants to stabilize its external affairs and focus on internal affairs. so it may be willing to stabilize its relationship with japan and the united states and china and stable economic growth are indispensable for achieving the recovery of china's economy. >> he says he is mainly watching two points. one is the possibility of a power struggle in the three-tiered power structure. and the other is china's one-party system. he doubts that the communist party will get enough support from the people in the future. it appears party officials do not intend to democratize the country. >> how long would they be able to avert change? i believe china will face critical moment in five to ten years from now. >> china's president and premier serve five-year terms. they are often re-elected, though, which means xi and li will probably be in charge for the next ten years. >>> pakistan's electe >>> an income gap d
KCSMMHZ
Mar 21, 2013 6:00am PDT
sluggish economy. >> translator: our business has been so tough over the past 20 years due to prolonged deflation. consumers are reluctant to spend money when prices keep falling from one day to the next. i hope the boj will work closely with the government and take bold monetary easing steps to bring deflation to an end as soon as possible. >> translator: we have high expectations for the boj under kurodo's leadership. kurodo and his deputies have abundant experience both at home and abroad. they will make a great team to guide the economy. >>> we spoke to bill devinny. >> kuroda was actually quite clear that he wants to expand asset purchases, he wants to buy longer dated bonds and also to increase the scale of asset purchases. and we think he is going to be quite aggressive in pursuing these additional measures. we expect, for example, an increase in bond buying of 16 trillion yen at the next meeting of the bank of japan. we also expect eventually the bank of japan to buy more riskier assets such as equities and corporate bonds and kuroda did elude to this in his press conf
KCSMMHZ
Mar 23, 2013 3:30pm PDT
economy. hello i'm yuko fukushima and this is "asia biz forecast." for many this past week the central focus was the central bank. the bank of japan welcomed a new chief and opened the door to a new era of monetary policy. haruhiko kuroda was sworn in wednesday as the new boj governor. he took over a day after masaaki shirakawa stepped down, kuroda bringing an end to more than a decade of inflation. prime minister shin bow abe it requires closer coordination between the government and the central bank as well as a boj chief willing to undertake bold monetary easing. by all accounts, kuroda is his man. >> translator: the japanese economy has been struggling with deflation for nearly 15 years. the greatest mission of the central bank is to end deflation and achieve the inflation target of 2% as soon as possible. >> cue row do da has said he believes the boj can achieve the target within two years and says he'll use every tool at his disposal to make that happen. >> translator: the bank of japan must use all possible means to achieve the 2% inflation target. by expanding monetary easing b
KCSMMHZ
Mar 17, 2013 5:30pm PDT
emerging economies. they want to take advantage of lower costs. analysts say if the figure continues to drop, it will affect regional economies in japan as well as employment. >>> elderly japanese suffering from dementia could soon be using the latest technology to help them lead more fulfilling lives. the research institute of the national rehabilitation center for persons with disabilities organized an event to display their newest equipment. about 100 people attended, including family members and helpers who look after people with dementia. a pill case reminds users to take their medicine and even prevents accidental overdoses. the case is fitted with an alarm and dispenses the correct amount of medicine. researchers said 19 elderly people who forgot to take pills more than once a week tried using the case. after three months, 14 of them found it helpful. other equipment included a transmitter attached to purses or keys. when a remote control button is pushed the equipment emits a sound to help the user locate the eye tim. an electronic calendar also uses sound to remind people of th
Search Results 0 to 16 of about 17 (some duplicates have been removed)